Grapevine: Kedaara portfolio firm Ajax plans IPO; Rebel Foods-backed Slay Coffee to exit cloud kitchens

Ajax Engineering, a concrete equipment maker backed by Kedaara Capital, is considering an initial public offering (IPO) that could raise Rs 2,000 crore ($240 million), a media report said.   The company is working with advisers to file a prospectus by August and bring the IPO in the fourth quarter, Bloomberg reported, citing ......